Crypto Biz: Riot Platforms and Bitfarms dispute escalates

Crypto growing to a $1.6 trillion market without adequate regulations is a major worry for the head of Italy’s stock market oversight agency. 1336 Total views 2 Total shares Paolo Savona, the chairman of the Commissione Nazionale per le Società e la Borsa (Consob) — Italy’s securities regulator — has raised alarms over crypto’s growing…

Allie Rae of WetSpace joins Cointelegraph’s new podcast The Agenda to discuss how crypto and blockchain can empower adult content creators. 245 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTWhat do the cryptocurrency and porn industries have in common? As it turns out, both are frequent targets…

CEO Marszalek says the firm has recovered much of the funds and has less than $10M in exposure to FTX. 1714 Total views 17 Total shares During a live ask-me-anything (AMA) session with users on Monday, Crypto.com CEO Kris Marszalek explained that the firm sent large-sum stablecoins to troubled cryptocurrency exchange FTX to fulfill liquidity…

A Russian scientist and former employee at the nation’s premier nuclear research facility was jailed on Oct. 24, for his part in a scheme to secretly mine Bitcoin using the facility’s supercomputers. Stealing energy and computing power from your employerAccording to an Oct. 25 report by RT, former employee Andrey Rybkin was sentenced to 3 years…

The announcement of one-on-one discussions with the OCC followed the department saying it planned to establish an Office of Financial Technology starting in 2023. 169 Total views 6 Total shares The United States Office of the Comptroller of the Currency, or OCC, has announced its representatives will be available on a one-to-one basis to discuss…

Gold Bullion International co-founder Dan Tapiero analyzed Bitcoin’s (BTC) value as a truth machine.Tapero made his regards during an interview with business news outlet AlphaWeek published on Sept. 10. He said:“What it is is an invention, and I think it should be referred to as an invention rather than all the other things. It’s a,…

A Bitcoin (BTC) experiment on the Isle of Man involving the Lightning Network, 25 schoolchildren, and a promise of a milkshake has yielded interesting results. At Willaston School on the Isle of Man (a British Crown Dependency nestled between the United Kingdom and Ireland), 25 year-6 students, one teacher and one teaching assistant participated in the…

United States District Judge Peter Castel has officially signed off on a settlement between FTX and the commodities regulator, meaning $12.7 billion will be paid back to FTX creditors.

The decentralized finance lending market Maker, like many crypto participants, suffered losses during the price collapse of “Black Thursday” on March 12. The price of Ether (ETH) declined by about 50% within 24 hours, triggering a zero-bid attack as the Maker system became swamped with a huge volume of liquidations.In the aftermath of the crisis,…